A "low interest" loan shouldn't mean you have very little interest in paying it back!
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    We found 1 SBI Home Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    8.30% - 8.70% Floating
    ₹2,000 to ₹10,000 + applicable tax
    -
    1-30 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Good to Know
    Eligibility Criteria
    SBI Home Loan is Rated as "Great!" by 1105 Users

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    SBI Home Loan

    SBI Home Loan Interest Rates Updated on 12 Dec 2017

    SBI Home Loan Details
    Interest Rate For women - 8.30% to 8.65%
    For General Customers - 8.35% to 8.70%
    Processing Fees 0.35% of Loan Amount, min of Rs.2,000 to max of Rs.10,000 (plus applicable tax)
    Loan Tenure 30 years
    Pre-closure Charges Nil

    SBI Housing Loan

    State Bank of India provides a range of home loan products to suit the individual needs and preferences of its customers. Various surveys and consumer awards have conferred the title of ‘The most preferred Home Loan Provider’, to SBI. Some of the best features that lend to the popularity of SBI home loans:

    With thousands of branches spread across various geographical locations has made SBI one of the most accessible banks to obtain a loan from.

    Home Loans Will Be Impacted As SBI Cuts Their Lending Rates - Nov 1, 2017

    The leading public sector bank in India, State Bank of India has reduced their lending rates across all maturities by 5 bps or 0.05% p.a. It is notable that this is the first time that SBI has reduced their Marginal Cost of Lending Rate(MCLR) in the last 10 months. This drop in lending prices is also the first drop after the bank got their new Chief, Rajnish Kumar.

    The new MCLR for SBI is as follows:

    • Going forward the overnight MCLR will be 7.70% which was 7.75% previously.
    • The MCLR for 1, 3, and 6 months will be 7.8%, 9.85%, and 7.9% respectively.
    • The MCLR for one year maturity will be 7.95%.
    • The MCLR for two years will be 8.05%.
    • The MCLR for three years will be 8.1%.

    This drop in MCLR by SBI will have an impact on home loans too. Going forward, home loan interest rates for women will be 8.3% which was 8.35% previously. For other home loan applicants, the interest rate will be 8.35% which was 8.4% previously.

    Following the rate cut by SBI, The Reserve Bank of India is expecting many other banks to lower their lending rates which will help boost credit growth in India.

    Significant Features of SBI Home Loans:

    • Lower interest rates as compared to other contemporary banks
    • Low processing fees
    • No hidden charges or administration fees
    • Nil pre-closure charges making repayment easier and more flexible
    • A huge network of branches across the nation making it convenient to visit a SBI branch
    • Exclusive packages depending upon individual needs of customers
    • Interest is calculated on daily reducing basis which lowers the overall interest paid

    SBI Home Loan Eligibility Criteria:

    • Salaried
      • The age of the applicant must be between 18 years and 70 years.
      • The annual income must be atleast Rs.1.2 lakh per annum.
    • Self-Employed
      • The age of the applicant must be between 21 years and 70 years.
      • The annual income must be atleast Rs.2 lakh per annum.

    Documents Required Applicable to All Loan Seekers:

    • Duly filled loan application
    • 3 passport-size photographs
    • Identity Proof (Voter ID Card/Passport/Driving License/Pan Card)
    • Proof of Residence (Current Address Proof)
    • Bank Statement for last 6 months
    • Personal assets and liabilities declaration
    • Proof of property
    • Income Tax Proofs (If required)
    • Signature Identification from present banker

    Documents Required for Guarantor:

    • Assets and liabilities Statement
    • 2 passport-size photographs
    • Identity Proof (Voter ID Card/Passport/Driving License/Pan Card)
    • Address Proof (Telephone Bill/Electricity Bill/Property Tax Receipt/Passport/Voter ID Card)
    • Signature Identification from present banker

    SBI Bank Home Loan Interest Rate:

    SBI Home Loan not only offers attractive benefits and terms for its home loan options but the bank also offers low competitive rates on its home loan. As of 2017, the interest rate for SBI home loan. The above mentioned rates are irrespective of the loan amount.

    Apply for Home Loan Online

    Pradhan Mantri Awas Yojana By SBI Bank

    The Government of India aims at making Housing affordable for all by 2022. The initiative has already been taken to provide homes to the lower and middle class people in India. The bank claims to offer the lowest rates of interest with their home loans.

    Qualified Loans Under the Scheme:

    The Government of India has stated that all loan amounts that are less than Rs.30 lakh are eligible under this scheme.

    SBI PMAY Rates of Interest for the New Borrowers:

    The male borrowers can avail a rate of 8.40%. They can avail a reduction of approximately 20 basis points. As per the new rates, the female borrowers can avail a reduction of around 25 basis points. Interest rate will remain the same for both salaried and non-salaried male borrowers.

    Benefits of PMAY Scheme:

    After an individual takes a home loan from the State Bank of India, he/she must fill up the Pradhan Mantri Awas Yojana form. The processing will be taken care of by the bank. In case the individual is eligible under the scheme, interest subsidy will be credited to his/her bank account. As per the individual’s economic condition, he/she can apply for 3%, 4% or 6.5% interest subsidy.

    SBI Home Loan Schemes:

    SBI offers a wide range of home loan products to its customers. You can choose the best home loan scheme that suits your budget and requirement. SBI home loans come with exclusive packages and benefits to cater to the home finance needs of all its customers. Following are some of the home loan options available from SBI.

    SBI MaxGain Home Loan:

    The SBI MaxGain home loan aims to enable its customers to reduce their interest burden at no extra cost. This home loan acts as an overdraft account too, giving the customer privilege to withdraw and deposit amounts depending upon their cash availability. Bank provides internet banking and cheque book facility with this home loan. Excess funds when parked with this account impact the overall principal and the associated interest. Also, a customer can choose to withdraw amount from the linked account in case of excess parked funds.

    Features:

    • Min. Loan Amount – 5 lacs
    • Max. Loan Amount – No upper limit
    • Interest Rate – 0.25% over and above the existing home loan interest
    • Higher Liquidity, Savings on total interest paid
    • Pre-closure Charges - Nil
    • Interest Rate – Floating 10.15%

    SBI Yuva Home Loan

    The SBI Yuva home loan is tailored especially for individuals who are young and generally taking loan for their first home. The age eligibility is between 21-45 years. This loan grants an amount which is 20% over and above the regular loan amount. This home loan is ideal for fresh professionals and government employees. Under this scheme the home loan full repayment starts only after 36 month from the date of availing the loan. For the first 36 months only interest needs to be repaid.

    Features:

    • Eligibility – 21-45 years
    • Minimum Income – Rs.30,000 per month
    • Pre-closure Charges - Nil
    • Interest Rate – Floating 10.15%

    SBI NRI Home Loan

    As the name itself suggests, the NRI loan is tailored for Non-Resident Indians (NRIs) and for People of Indian Origin (PIOs). This loan is given to an individual who earns a regular income and whose minimum employment period (in India or abroad) is not be less than 2 years.

    Features:

    • Min. Loan Amount – 3 lacs
    • Max. Loan Amount – No upper limit
    • Eligibility – NRI or PIO
    • Pre-closure Charges - Nil
    • Interest Rate – Floating 10.15%

    SBI Realty Home Loan

    The SBI Realty home loan is for people who want to buy land or plot. The construction should commence within 2 years from the sanction date of the loan. This type of loan comes with the flexibility of availing another loan for construction purposes on the land bought. So a customer is entitled to avail two simultaneous loans on the SBI realty home loan.

    Features:

    • Max. Loan Amount – 15 crores
    • Loan Tenure – Up to 15 years
    • Pre-closure Charges - Nil
    • Interest Rate – Floating 10.15%

    SBI PAL

    SBI PAL home loan is a Pre-Approved Home Loan from State Bank of India. This loan does not depend upon the property to be bought. SBI grants its customers the freedom to avail the loan amount before deciding upon the property. This gives customers the needed confidence to negotiate boldly with builders/sellers regarding the price of the property.

    Features:

    • Eligibility – Depends on the annual income of the applicant
    • Tenure – Pre-Approved Letter of arrangement is valid for a period of 4 months
    • Min Loan Amount – 10 Lacs
    • Max Loan Amount – No upper limit
    • Pre-closure Charges - Nil
    • Interest Rate – Floating 10.15%

    SBI Her Ghar Home Loan

    SBI Her Ghar home loan scheme designed especially for women applicants. A woman needs to be the sole applicant or the primary applicant for this type of home loan. Also, the property for which home loan is being taken should be in the name of the woman applicant or she should be the primary owner in case it of joint ownership. This home loan scheme by SBI aims at enabling women to own property and carries a social obligation in line with the empowerment of women.

    Features:

    • Loan Tenure – 30 years
    • Interest Rate – 9.40%
    • Pre-Payment Charges – Nil

    More Housing Loans from SBI:

    Apart from the above listed regular home loan schemes by State Bank of India, there are several other options also which aim to uplift people from tribal and village areas of the nation. These schemes are in line with the organization’s commitment towards comprehensive nation building.

    Here are a few such housing schemes offered by SBI-

    SBI Tribal Plus:

    Tribal Plus housing loan from SBI is meant for customers who are from tribal areas or hilly regions where mortgage of property is not available. The loan is provided for construction of a new house or flat and for purchase of a new house. Under this scheme SBI also provides an option of taking loan for the purpose of renovation or repair.

    Features:

    • Min. Amount – nil
    • Max. Amount- 10 lacs
    • Repayment Period – up to 15 years

    GRAM NIWAS:

    The Gram Niwas scheme from State Bank of India is aimed at providing housing finance to the customers from rural regions of the nation. This housing plan covers people from rural or semi-urban regions which have a population of less than 50,000 as per the 2001 census. Under this scheme, home loans can be availed for buying of land or house, renovation and repair of house and construction of house.

    Features:

    • Min. Amount – nil
    • Max. Amount- 5 lacs
    • Repayment Period – up to 15 years

    SAHYOG NIWAS:

    Sahyog Niwas scheme aims to provide home loans to self-help groups which have a good credit history. The bank lends to members of these groups under this scheme for purposes of buying of land or house and construction, repair or renovation.

    Features:

    • Min. Amount – nil
    • Max. Amount- 50,000 per person of the self-help group

    SBI Home Loan FAQ section

    1. How can I decide which SBI home loan fits my requirement?

      BankBazaar gives you the option of comparing home loan schemes and an online EMI calculator to help you plan your finances well in advance before availing a home loan.

    2. What are the various interest rates offered on home loans?

      Interest rates vary with respect to the subscribing customer being a woman or otherwise. In the former case, the rate stands at 9.35% p.a while other customers are charged a interest rate of 9.40% p.a. These rates are irrespective of the actual loan amount.

    3. What is the processing fee charged by SBI for home loans?

      SBI charges a low processing fee for its home loans. Upto 0.35% of the loan amount is charged. The amount can be maximum of Rs.11,500

    4. Can I pay off my SBI home loan earlier than the initial tenure?

      Yes. You can pay off your SBI home loan earlier too, without a pre-payment penalty fee.

    5. Is there any security required for the SBI home loan?

      Usually, the property that is purchased using the loan serves as the security. In some cases it is at bank’s discretion to ask for additional securities like insurance policies, fixed deposits etc.

    6. Is a guarantor required to sign my loan application?

      Yes. A guarantor with all the valid and required documents need to sign your loan application.

    7. What kind of job makes me eligible for SBI home loan?

      You can either be a salaried employee or self-employed for obtaining this loan. However, the only condition is that you should be earning a regular income and should be able to furnish proofs of the same.

    8. Can joint-applications be made for SBI Home Loans?

      Yes. Joint applicants are welcome at SBI.

    9. Are there any tax benefits associated with SBI home loan?

      Yes. Tax rebate under section 80C of the Income Tax Act is applicable.

    10. Are long-term home loans beneficial or short-term loans?

      Long-term loans are beneficial in giving you the option and comfort of lower EMIs , however, short-term loans mean higher EMIs but lesser interest. A borrower can choose the option depending upon his financial status.

    11. How long does it take for my loan to get sanctioned?

      If all the required documents are in place then your SBI home loan can be sanctioned in a few days.

    12. Where can I apply for SBI home loan?

      With a network of over 17000 branches in India, SBI home loans can be applied at any of your nearest bank branch.

    Before you apply for the loan, Check your CIBIL Score for SBI Home Loan

    News About SBI Home Loan

    • SBI Dropped Home Loan Interest Rates to 8.30%

      The largest lender in the country, SBI (State Bank of India), has dropped their interest rates on home loans by 5 basis points to 8.30%. This is now the lowest rate of interest for housing loans in the country. The bank has also cut interest rates for auto loans, now offering them at 8.70%.

      3rd November 2017

    • SBI Interest Rate Cut: Is your Home loan Affected?

      State Bank of India has cut their lending rates across all maturities today. This rate cut comes after 10 months of no changes in SBI interest rates. The leading public sector bank has reduced their Marginal Cost of Lending Rate(MCLR) across all maturities by 5 bps or 0.05% p.a.

      Going forward the overnight MCLR will be 7.70% which was 7.75%. The MCLR for 1, 3, and 6 months will be 7.8%, 9.85%, and 7.9% respectively. The MCLR for one year maturity will be 7.95%. The rates for two years and three years will be 8.05% and 8.1%, respectively.

      This change in the MCLR rate will affect home loans. Home loan interest rates for women will be 8.3% which was 8.35% previously. For other home loan applicants, the interest rate will be 8.35% which was 8.4% previously.

      The interest rate for term deposits below Rs.1 crore has also come down. SBI will now offer 6.25% instead of 6.5% for term deposits below Rs.1 crore.

      2nd November 2017

    • SBI Bank Holds Meeting for their Home Loan Customers

      The State bank of India held home loan customers meet on Friday to prove that the bank is always there for their service. Retail assets central processing centre (RACPC)-1 AGM Ch. Narayana Rao thanked all the customers who were associated with the bank for a long time and mentioned that the bank is working over-time to ensure fast and quick sanctioning of loans.

      It was one such platform where customers could get an opportunity to raise their concerns to the bank officials, home loan top-up plans were discussed, and customers were informed about the discounts that the bank is offering on the documentation and processing fees this festive season.

      Mr. Sekhar spoke about the plans of forming exclusive sales team consisting of experienced staff to make bank products available for customers to their doorstep as well.

      25th October 2017

    • Good News for SBI Home Loan Borrowers

      Recently, State Bank of India (SBI) has reduced the base rate of home loan by 5 basis points. This is effective since October 1st. The base rate has been reduced to 8.95% from 9% earlier. This initiative will aid home loan borrowers who have availed loan before April 1st, 2016.

      Moreover, SBI is not the only bank that is keen to attract borrowers. Other leading public sector banks like Bank of Baroda, Andhra Bank and Punjab National Bank have also cut their base rate. This move will definitely prove beneficial for all home loan borrowers.

      16th October 2017

    • SBI will Capitalise on Reviving its Home Loan due to High Demand

      SBI is making great plans to make this festive season lucrative. With the increasing demand for home loans, SBI is planning to capitalise on the reviving its home laon plans. Being India’s biggest market lender, SBI has launched a new campaign called “Hamara Ghar” (Our Home) which caters to affordable housing segments. If your loan amount is within Rs.30 lakh, then you will be having a fixed interest rate on your loan for two years.

      Like its competitors, SBI has waived off processing fees and brought down the interest rates for all the home loans. The bank will also be marketing its home loans to thousands through its platform called “feet on street.”

      18th September 2017

    • SBI to Augment its Resources to Meet the Demand for Affordable Pricing

      SBI augments its sales and marketing resources to meet the mounting demand for affordable housing promoted through the “Pradhan Mantri Awas Yojana (Urban).” The bank plans to broaden the scope of affordable housing market through a unit of trained workforce and relaxing loan approval processes. It is a key strategy practiced by the bank to get a competitive edge over other banks. The bank also expects a rise in loan demand primarily from first-time buyers with uncertainties connected to the execution of Real Estate Regulatory Authority Act.

      7th September 2017

    • Bengaluru Home Loan Utsav Held By SBI

      State Bank of India or SBI recently conducted a home loan utsav that continued for a period of 2 days. This event took place in the local HO in Bengaluru. The title sponsor of the home loan utsav was GM Infinite. The subtitle sponsors for this event were DSR Infra, Brigade Group and Salarpuria Sattva.

      CGM of Bengaluru circle Farooque Shahab stated that the State Bank of India has always been the bringer of change in the banking sector. According to him, this is the perfect time for SBI to conduct such an event which will definitely boost the real estate industry.

      29th August 2017

    • State Bank of India's reaction to the 25 BPS cut by RBI

      Following the 25 BPS cut by RBI, State Bank of India confirms that it was on the expected lines. The BPS rate is reviewed on a quarterly basis compared to the MCLR reviews on a monthly basis. The 60% of the home loan borrowers from SBI fall under the MCLR category compared to 40% borrowers in the BPS category. The bank provides home loans under both the categories, however, MCLR is a recently introduced system that has taken the lead for being beneficial for various factors. Reserve Bank of India (RBI) will review the BPS rate by end of August. Considering the fact that both the systems follow a rigid and complication method of calculation which involves various factors, RBI may look into making it easier.

      16th August 2017

    • SBI Realty portal to help home buyers

      SBI has launched a new portal called ‘SBI Reality’ that will help home buyers with the calculation of home loan EMI, house selection, builder comparison, etc. The user can browse through over 3,000 approved projects which are categorized based on locality, type of property, property space, price, etc. The portal will provide helpful information to buyers, sellers, and builders across the nation. The portal will also help the buyers in making an effective buying decision with the help of available factual data present on the portal. Being one of the largest commercial banks in India, SBI can expect to see a large number of users being benefited from this portal.

      21st July 2017

    • SBI cuts down interest rate on home loans again

      State Bank of India or SBI recently announced a deduction in the interest rate on new home loans above Rs.75 lakh. SBI home loans that are more than Rs.75 lakhs are going to be cheaper by 10 base points or 0.1% that will be effective from June 15. The new interest rates will be 8.60%, SBI officials informed. This is the second cut in interest in two months.

      The home loans rates offered by SBI are the lowest in the industry. For new homes, if a buyer takes a loan for up to Rs.30 lakhs, he has to pay the reduced interest rate to 8.35%. "Taking a hint from the recent RBI reduction in risk weightage on home loans. SBI is passing on the benefits to its customers by reducing its interest rates on home loan above Rs.75 lakhs, informed Rajnish Kumar, the managing director for National Banking at SBI.

      19th June 2017

    SBI Home Loan Reviews

    • SBI Home Loan
      "Faster service"
      0.5 5.0/5 "Blown Away!"
      Earlier SBI have offered 8.5% interest rate and later it was changed around 11%. It is a floating account for home loan. Whenever rate of interest decreases they should decrease the amount and there should be proper intimation. The process was faster and the disbursement was on time. The payment mode is convenient.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Dec 09, 2017
    • SBI Home Loan
      "Good Loan"
      0.5 5.0/5 "Blown Away!"
      I took this Loan as a Co-applicant with my Father. The process of getting the Loan was very slow, the documentation process was a little confusing. Their Rate of Interest of 8.45% is one of the best that I have seen. The overall experience with it has been good.
      Was this review helpful? 2
      , junagadh
      Reviewed on Dec 07, 2017
    • SBI Home Loan
      "Good"
      0.5 4.0/5 "Great!"
      I have my home loan with SBI 10 years back . The loan amount was 3,50,000 and the interest rate was 11.63% which was bit high in the market . The tenure period was 20 years . The loan process was very easy here.There is no processing fee also. My overall expererenc was good.
      Was this review helpful? 5
      , godhra
      Reviewed on Dec 05, 2017
    • SBI Home Loan
      "Home loan process is very slow and not co-operative"
      0.5 1.0/5 "Really Bad"
      Dear All, SBI home loan process is very slow, SBI staff is not co-operative, I have submitted all the required documents for loan process n told me that your home will be passed in one month , they have taken 2month for entire process , suddenly they told me that your home loan application is rejected due development agreement is not registered which is taken 2month. My building has society formed and OC, many people got loan from SBI for my same building now they are saying that your development agreement is not registered which is wrong said in last stage. Kindly all, do not apply home loan in SBI , because they don't asses good customer , I got very negative publicity while applied home loan in SBI but I was pretty comfort with SBI but it is sure that I was wrong to apply loan in SBI. SBI's time mgmt, decision making and transparency is very poor.
      Was this review helpful? 3
      , mumbai
      Reviewed on Dec 03, 2017
    • SBI Home Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      My home loan was taken with SBI for a quite long. I have chosen this bank because I had my saving account with them for a long period. The loan experience was good. The rate of interest and processing charges are nominal. The EMI payment is auto debited from my salary account.
      Was this review helpful? 1
      , bhubaneshwar
      Reviewed on Dec 02, 2017
    • SBI Home Loan
      "Its Best"
      0.5 5.0/5 "Blown Away!"
      SBI home loan interest rate is good, they offered me around 8.75% of interest for the tenure of 20 years. I took the amount Rs. 30 lakhs for apartment. But their SBI documentation was difficult, but their executive coordinated very well with me on loan process.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Dec 02, 2017
    • SBI Home Loan
      "WONDERFUL SERVICE"
      0.5 5.0/5 "Blown Away!"
      It was really a good experience that I had with SBI . I took this loan i the year of 2008. The rate of interest was low when compared with the other banks and same with the processing fee the best part there was the pre closure option with zero charges .i loved the customer service form the bank side . The bank provided me a full approval on the amount an the amount was disbursed in 1 year and 6 months.
      Was this review helpful? 2
      , indore
      Reviewed on Dec 01, 2017
    • SBI Home Loan
      "GOOD"
      0.5 5.0/5 "Blown Away!"
      it was a good experience with STATE BANK OF INDIA as i took a home loan form the sbi .there are so much of formalities were too much for the loan process in the state bank of India . the money got Disbursed in a months time and it was a Full approval i got from the bank side on how much i asked for . the Rate of interest was 8.5% and the processing fee was there but low from the other banks . Lastly, I would like to say that their customer service is good.
      Was this review helpful? 2
      , una
      Reviewed on Dec 01, 2017
    • SBI Home Loan
      "Recommend for home loan"
      0.5 5.0/5 "Blown Away!"
      I have taken a home loan with STATE BANK OF INDIA. The total approved amount is 20 lakhs with a rate of interest of 8.35%. The total tenure is for 15 years. The monthly EMI comes around 15500. Good documentation process. good customer service.
      Was this review helpful? 2
      , chennai
      Reviewed on Nov 25, 2017
    • SBI Home Loan
      "Good experience "
      0.5 4.5/5 "Excellent!"
      My home loan was taken with SBI 10 years back. The loan amount was 15 lakhs and the tenure period 20 years . The interest rate and charges are between 10-11%. The customer service and responses was is not good.The loan process was very easy and . My overall experience was good nad its recommendable.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 25, 2017
    • SBI Home Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      State bank of India home loan service was awesome ,the documents part was also the customer service was prompt and the interest rate they quoted me was nice compare with others banks it was totally a good experience with state bank of India home loan service.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 25, 2017
    • SBI Home Loan
      " Preferable Bank"
      0.5 5.0/5 "Blown Away!"
      I have two loans with SBI, they gave me good floating interest rate. Earlier one was been Rs. 35 lakhs, now I have taken Rs.65 lakhs. Tenure period of the loan is good, they do have balance transfer, part payment, Foreclosure. Their is a onling banking to view loan summary. They fulfill by buy dream home, there is no legal issue.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 24, 2017
    • SBI Home Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      I have applied for the home loan from SBI, my loan application was closed because there was no proper follow up after the application was submitted. Customer service part was not up to the mark, they did not give any update on the loan status and there was no response from them. The rate of interest is quite high when compared to other banks.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 22, 2017
    • SBI Home Loan
      "Average"
      0.5 3.0/5 "Satisfactory"
      My home loan was taken with SBI 6 years back. The total duration was 15 years. I pay the premium of 30K for monthly through ECS. It was average process. They provided a doorstep service for documentation. The rate of interest is less when compared to others.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Nov 21, 2017
    • SBI Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I applied for a home loan with State Bank of India after I closed the home loan application with HDFC Limited. State Bank of India offered me the home loan with 8.4% as rate of interest and they waived off the processing fees. They were quick in processing the loan.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 18, 2017
    • SBI Home Loan
      "Smooth experience"
      0.5 4.0/5 "Great!"
      I have taken a home loan with State Bank of India and it has been a good experience with them. The rate of interest is nominal and i am comfortable with it. It has been a smooth process throughout the initial procedures and as well as during the loan term with them
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 17, 2017
    • SBI Home Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      ,My home loan was taken with SBI 4-5 Years back . The loan amount was 20 lakhs and the interest rate was 8.5% which was average in the market. The MEI period was 17 years . The customer service and responsiveness was up the mark . The loan process was convenient .They have sanctioned the loan with the committed time. My overall experrenec was good.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 17, 2017
    • SBI Home Loan
      "Better service"
      0.5 5.0/5 "Blown Away!"
      I have taken a home loan with state bank of India.The loan amount is 10 lakhs,rate on interest is 8.5% low compared to others.No processing fees were charged in my account.I pay an EMI of Rs 10900 every month.They had processed the loan request within 2 days.
      Was this review helpful? 0
      , nagpur
      Reviewed on Nov 16, 2017
    • SBI Home Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      My home loan experience with SBI was good, i have taken loan for Rs 40 lakhs with the rate of interest of 8.25% which is less when compared to other banks, I pay an EMI of Rs 37000 every month. Customer service was good and they responded on time. The process was very smooth and there are no additional fees on preclosure and part payment charges.
      Was this review helpful? 0
      , bhilai
      Reviewed on Nov 16, 2017
    • SBI Home Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I took the home loan with the State bank of India and the interest rate was really lesser one for the staff. I would like to say that the customer service is a fantastic one for me rather than any one because of the transparency.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 16, 2017
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